Paradigm Capital exits NN Inc. (NNBR) beneficial ownership with 0% reported stake
Rhea-AI Filing Summary
Paradigm Capital Management, Inc. filed an amended Schedule 13G/A reporting that it beneficially owns 0 shares of NN Inc. common stock, representing 0.0% of the class as of the reporting date. The firm reports no sole or shared voting or dispositive power over any NN Inc. shares.
The filer also certifies that any securities referenced were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of NN Inc., nor in connection with any control‑related transactions other than activities tied to a nomination under the specified proxy rule.
Positive
- None.
Negative
- None.
Insights
Paradigm now reports zero beneficial ownership in NN Inc.
Paradigm Capital Management, Inc. reports beneficial ownership of 0 shares and 0.0% of NN Inc. common stock, with no sole or shared voting or dispositive power. This indicates it no longer qualifies as a 5% or greater beneficial owner under Section 13(d).
The filing also includes a standard certification that any securities were acquired and held in the ordinary course of business and not to change or influence control, aside from limited nomination-related activities. Future ownership levels and any renewed large positions would typically appear in subsequent beneficial ownership reports.